Simply Good Foods Company, the maker of meal kits, breads, pizzas, frozen foods, shakes, bars and other products under the Atkins brand, is buying Quest Nutrition for $1 billion. The pairing of Atkins and Quest will result in a nutritional snacking company with combined net sales of more than $800 million annually, the companies said.

General Atlantic lead the round with participation from CPT Capital. Motif FoodWorks will use Ginkgo’s fermentation technology to provide food companies with ingredients for alternative protein product lines in the plant-based and meat alternatives space.

McDonald’s recently launched its first “McDonald’s to Go” restaurant in London. It has no seating areas and serves only takeout.

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